Brent rose 8 cents, or 0.12%, to $66.20 a barrel , WTI gained 9 cents, or 0.14%, to $62.36 a barrel.

Brent slipped $1.10, or 1.6%, to $66.86 a barrel, WTI was at $63.57 a barrel, down $1.11, or 1.7%.

The potential for a ‘rebound’ or ‘return’ of Russian pipeline gas supplies to the European market has gained significant traction in the mainstream media

Meralco signed a two-year memorandum of cooperation with EDF, under which EDF will provide technical and strategic support to Meralco for a feasibility study focused on site activities, power system integration, and the economic viability of nuclear power in the energy mix.

Brent rose 55 cents, or 0.8%, to $66.40 a barrel , WTI was at $63.13 a barrel, up 66 cents, or 1.1%.

Brent eased 18 cents, or 0.3%, to $64.49 per barrel , WTI fell 16 cents, or 0.3%, to $61.17.

Its target scenario sees output of 540 million tons at the end of this decade and also by midcentury, a document published Monday showed. That’s equivalent to about 10.84 million barrels a day and is only marginally above volumes in 2023, the baseline for the paper. Shipments abroad are also expected to hold steady.

The global oil demand growth forecast for 2025 is revised down slightly to 1.3 mb/d, y-o-y. This minor adjustment is mainly due to received data for 1Q25 and the expected impact on oil demand given recently announced US tariffs.

Brent lost $2.38, or 3.79%, to $60.44 a barrel, WTI fell $2.46, or 4.13%, to $57.12.

The Worldwide Rig Count for March was 1,685, down 56 from the 1,741 counted in February 2025, and down 108, from the 1,793 counted in March 2024.

Brent were up 81 cents, or 1.26%, at $65.02 per barrel, WTI rose 92 cents, or 1.52%, to $61.61.

The Committee valued the additional voluntary production adjustments made by the 8 OPEC plus countries which were announced in April and November 2023 in supporting market stability.

Brent gained 7 cents, or 0.1%, at $73.86 a barrel, WTI ose 10 cents, or 0.1%, to $69.75 a barrel.

Brent fell 19 cents, or 0.3%, to $70.37 a barrel, WTI was down 20 cents, or 0.3%, to $66.70.

The Worldwide Rig Count for February was 1,741, up 46 from the 1,696 counted in January 2025, and down 71, from the 1,813 counted in February 2024.